###DISCLAIMER:2_0 Market-Linked CDs - Long Table### IMPORTANT
Union Bank Market-Linked Certificates of Deposit (“MLCD”) are deposit products issued and managed by MUFG Union Bank, N.A. (“Bank”) and sold through UnionBanc Investment Services LLC (“UBIS”), a registered broker-dealer, investment adviser, member FINRA/SIPC and subsidiary of the Bank. MLCDs are NOT insured, backed, or guaranteed by SIPC or UBIS.

The MLCDs are offered pursuant to a Disclosure Statement and disclosure supplement, which provide additional important information about the risks and features of the Bank’s MLCDs. Prior to purchase, investors should carefully read the Disclosure Statement and any applicable disclosure supplements for the specific MLCD they are interested in purchasing.

Suitability, FDIC Insurance, & Foreign Currencies – MLCDs may not be suitable for all investors. Investors should invest in MLCDs only after carefully considering, together with their financial, legal and tax advisors, the suitability of an investment in light of their specific financial circumstances. • MLCDs involve significant risks, including risks not typically associated with fixed-rate or floating-rate certificates of deposit or debt instruments such as liquidity and market risks. The payment at maturity may yield a return that is less than that of a traditional certificate of deposit or debt instrument of a comparable maturity. • MLCDs that are linked to one or more foreign currencies may be affected by many complex factors, including government policies/interventions and actions of central banks and may be highly volatile and unpredictable. • The principal of MLCDs is FDIC insured within applicable limits. It is the investor’s responsibility to make sure that all deposits held with the Bank are considered when reviewing for FDIC coverage. • MLCDs will be in the form of a master certificate held by the Depository Trust Company. Each MLCD constitutes a direct deposit obligation of the Bank.

Call Provisions, Early Redemptions & Tax Issues – MLCDs may have provisions that allow the Bank to call the MLCD prior to maturity, which could result in a lower return on the MLCD. • Early redemptions may not be allowed. • Investing in MLCDs could result in a significant loss of principal if sold or redeemed in whole or in part, if allowed, prior to maturity. Any losses incurred due to the sale or early redemption, if allowed, prior to maturity are not FDIC insured. In order to receive repayment of the full deposit amount of a MLCD, subject to issuer creditworthiness, investors must hold the investment to maturity. • In taxable accounts, for a MLCD where no interest is paid until maturity, interest is imputed annually and taxed as ordinary income based on an estimated yield for the MLCD. The ordinary income tax rate may be a higher rate than the lower capital gains rate normally paid by investors on longer term investments. This annual imputed interest raises the investor’s cost basis, reducing tax consequences at maturity. Investors should consult their tax advisor for information relating to their individual tax situation.

Cap on Returns – MLCDs may be subject to a cap on returns. Returns may be subject to a cap either on a quarterly basis and/or on the overall return potential at maturity. As a result, there is no assurance of gains due to increases in the underlying market measure and any gains may be substantially less than the increase in the underlying market measure, particularly in the case of early redemptions.

Fees & Costs – MLCDs may include certain fees and costs (including placement fees, structuring and development costs and hedging costs) in the determination of the issue price which will likely have an adverse effect on the price at which the MLCD can be redeemed or sold (if at all) by investors. Unless otherwise specified in the applicable Disclosure Statement and disclosure supplements for a particular MLCD, the placement fee received by a Participating Broker and the Issuer Program Costs, together, will be between 2.25% to 7.00% of the principal amount of each MLCD that an investor may purchase. (Refer to Fees & Hedging within the Disclosure Statement for definitions of terms and additional information.)

IRS 230 Disclosure – UnionBanc Investment Services LLC and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with UnionBanc Investment Services LLC of any of the matters addressed herein or for the purpose of avoiding U.S. tax related penalties.

Although an MLCD is a deposit product, UBIS also offers non-deposit investment products. Such products: • Are NOT insured by the FDIC or by any other federal government agency • Are NOT Bank deposits • Are NOT guaranteed by the Bank or any Bank Affiliate • Are subject to investment risks, including the possible loss of principal.

###DISCLAIMER:2_0 SP 500### S&P 500^® is a trademark of The McGraw-Hill Companies, Inc. and has been licensed for use by Union Bank. Market-Linked CDs are not sponsored, endorsed, sold, or promoted by Standard & Poor's and Standard & Poor's does not make any representation regarding the advisability of investing in the Market-Linked CDs.